George Washington University's Board of Trustees announced a 3.8 percent increase in tuition last week for undergraduates entering the university in the 2007-08 school year. Current freshmen at George Washington pay $37,790 per year, the highest tuition rate in the nation according to The Washington Post.
The increase is largely the result of the establishment of several new buildings and programs on campus, as well as the university's efforts to recruit high-quality faculty members, said Michael Lindsay, assistant director of media relations at the university.
According to Lindsay, George Washington operates on a fixed-rate tuition schedule. As long as a student maintains full-time enrollment, tuition prices are fixed for up to 10 consecutive semesters. Therefore, most current sophomores, juniors and seniors will not be affected by the increase. George Washington also guarantees the new tuition rate will not affect financial assistance to students currently receiving support.
-- compiled by Randee Ulsh
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